MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0005142
Fable Fintech Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.37 Cr
▲ 62% YoY
Net loss · FY 2025
₹11.69 Cr
Net margin -32.1%
EBITDA · FY 2025
-₹10.59 Cr
EBITDA margin -29.1%
Authorised capital
₹1.74 Cr
Registered with MCA
Paid-up capital
₹1.52 Cr
Issued & subscribed
Company age
27 yrs
Est. 1999
Employees · EPFO
162
Provident fund records
Directors on board
3
As per MCA filings
About Fable Fintech Private Limited
Data last updated:
Fable Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1999PTC123313. Its GSTIN is 27AAECS5920L1Z2 (Maharashtra).
The company has an authorised share capital of ₹1.74 Cr and a paid-up capital of ₹1.52 Cr. It was formerly known as Seasons Info Tech Private Limited and Seasons Info - Tech Private Limited. It is led by directors including Naushad Jehangir Contractor and Sunil Satyanarayan Dayma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.37 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹11.69 Cr (net margin -32.1%) and EBITDA of -₹10.59 Cr (EBITDA margin -29.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 31% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: RemitGuru, Fable Fintech and CCAvenue. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹83.44 Cr; the latest was in August 2022. The company has 15 MSME Form 1 returns on record between 2018 and 2024, listing 127 overdue payments to 16 micro and small suppliers.
Fable Fintech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005142). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fablefintech.com.
Company details
CIN U72200MH1999PTC123313
Registration Number 123313
Incorporation Date 27 December 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0005142
Name history
Fable Fintech has undergone 3 name changes throughout its history. The company was previously known as Seasons Info Tech Private Limited, Seasons Info - Tech Private Limited, and Avenues Payments India Private Limited. The current legal name is Fable Fintech Private Limited.
| Company Name | Status |
|---|---|
| Fable Fintech Private Limited | Current |
| Seasons Info Tech Private Limited | Previous |
| Seasons Info - Tech Private Limited | Previous |
| Avenues Payments India Private Limited | Previous |
Key People
Rohit Razdan Nominee Director Naushad Jehangir Contractor Director Sunil Satyanarayan Dayma Director Recognitions & Rankings of Fable Fintech
Contact details
Fable Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is fablefintech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/101 And B/202 1st And 2nd Floor H. Kantilal Compound, Andheri – Kurla Road Sakinaka Nr. Bata Showroom Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryInternet, Online Financial Services
To see the full contact details of Fable Fintech Private Limited, buy the company report.
Comprehensive company report
Fable Fintech Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Fable Fintech operates multiple associated brands including RemitGuru, Fable Fintech, and CCAvenue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a banking channel for cross-border money transfers. | remitguru.com | |
| End-to-end cross-border payment solutions are provided for businesses via SaaS. | fablefintech.com | |
| Merchant accounting, credit card processing, and payment gateway solutions for businesses | ccavenue.com |
Business activity
The main business activity of Fable Fintech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fable Fintech Private Limited, buy the company report.
Financials of Fable Fintech Private Limited
FY 2025 filings availableFable Fintech Private Limited reported revenue of ₹36.37 Cr (up 62% YoY) for FY 2025.
Revenue · FY 2025
₹36.37 Cr ▲ 62%
Net loss · FY 2025
₹11.69 Cr margin -32.1%
EBITDA · FY 2025
-₹10.59 Cr margin -29.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 45%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 18%
5 years · compounded
▼ 18%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 62% growth in the latest year. EBITDA fell 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | -₹10.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.69 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.1% | ||||
| Net Profit Margin | -32.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Fable Fintech Private Limited, buy the company report.
Board of directors of Fable Fintech Private Limited
Fable Fintech has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Razdan Also directs: Tenacity Investment Advisors LLP, Doremi Enterprises LLP, Tenacity Partners LLP and 5 more | Nominee Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Naushad Jehangir Contractor | Director | 06 Jul 2021 | 5 Years 4 Months | Current |
| Sunil Satyanarayan Dayma | Director | 29 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Fable Fintech Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Fable Fintech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fable Fintech Private Limited, buy the company report.
Deals & funding
Fable Fintech Private Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹83.44 Cr; the latest was in August 2022.
Total deals
11
Funding rounds
6
Secondary share transfers
5
Disclosed funding
₹83.44 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Funding round · Series A | ₹32 Cr | Investors: Pentathlon Ventures, 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Avenuesai Limited, Parekh Marketing Ltd Seller: Avenues (India) Private Limited , Kalva Marketing and Services Limited |
| Oct 2018 | Funding round · Pre-Series A | ₹10 Cr | Investors: Icici Bank Limited |
| Apr 2018 | Secondary share transfer | Undisclosed | Seller: Avenuesai Limited, 3 individuals |
| Mar 2012 | Funding round · Seed | ₹1.25 Cr | Investors: Avenues (India) Private Limited |
To see the full deal history of Fable Fintech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Fable Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Fable Fintech Private Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 127 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avenue Office LLP | |||
| Kreston SG Advisors LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Embel Technologies Private Limited |
To see the full MSME payment records of Fable Fintech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fable Fintech Private Limited has a workforce of 162 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
162
Active EPFO establishments
1
Employee growth
-22.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 162 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Fable Fintech Private Limited, buy the company report.
GST
Fable Fintech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5920L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fable Fintech Private Limited, buy the company report.
Recent activity
Fable Fintech Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Jayanta Kumar Banerjee ceased to be Nominee Director on 10 Apr 2025.
AGM
Fable Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Jayanta Kumar Banerjee ceased to be Nominee Director.
Filing
Fable Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sunil Satyanarayan Dayma ceased to be Additional Director.
Appointed
Rohit Razdan was appointed as Nominee Director.
Appointed
Sunil Satyanarayan Dayma was appointed as Director.
Ceased
Eugene Oommen Koshy ceased to be Additional Director.
Ceased
Pradip Manilal Kanakia ceased to be Additional Director.
Ceased
Hershel Kirit Asmani ceased to be Director.
Ceased
Vishwas Ambalal Patel ceased to be Director.
Ceased
Naushad Jehangir Contractor ceased to be Additional Director.
Appointed
Naushad Jehangir Contractor was appointed as Director.
4 earlier events are in the company report.
News
Frequently asked questions
Fable Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 27 December 1999 (27+ years old) and is registered under CIN U72200MH1999PTC123313.
Fable Fintech has 3 current directors:
- Rohit Razdan - Nominee Director
- Naushad Jehangir Contractor - Director
- Sunil Satyanarayan Dayma - Director
The latest financial statements of Fable Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fable Fintech is 27AAECS5920L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fable Fintech is U72200MH1999PTC123313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fable Fintech was incorporated on 27 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Fable Fintech has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹83.44 Cr; the latest was in August 2022.
Jayanta Kumar Banerjee ceased to be Nominee Director on 10 Apr 2025. Sunil Satyanarayan Dayma ceased to be Additional Director on 30 Dec 2024. Rohit Razdan was appointed as Nominee Director on 25 Nov 2024. Fable Fintech has 13 board changes on record in total.
Yes, Fable Fintech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0005142).
Fable Fintech has 15 MSME Form 1 returns on record between 2018 and 2024, listing 127 overdue payments to 16 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Fable Fintech can be reached through the website fablefintech.com. Its registered office is in Mumbai, Maharashtra, India.
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